A leading international provider of insurance-based wealth solutions are recruiting for a Money Laundering Reporting Officer (MLRO). The role holder will be responsible for assessing, setting and documenting the risk-based approach to the management and control of financial crime risks across all group businesses and communicating this to key business stakeholders. The successful applicant will act as the designated MLRO for the Isle of Man regulated entities.
The Role...
Your core duties will cover:
Ultimate responsibility for the receipt and review of internal disclosures, making external disclosures and liaison with relevant competent authorities
Provide support and assistance to the Chief Risk Officer and Head of Compliance as required and ensure the provision of effective 2nd line guidance
Responsible for designing appropriate financial crime frameworks which are compliant with relevant Group Policies
Primary liaison point for matters relating to enquiries by law enforcement and other authorities into policyholder affairs
Responsible for assessing anti-bribery and corruption, sanctions, money laundering fraud risks, setting appetite and monitoring threats and intelligence.
Manage a team of up to five staff
About You...
This role will be subject to regulatory approval, as you will be required to hold MLRO positions
Formal qualification in Compliance and/or Financial Crime
Experience in a 2LOD financial crime role within the finance sector having previously held an MLRO role in a regulated entity.
Good technical knowledge of Compliance, Regulatory, and Legislative requirements, predominantly from Isle of Man, UK, EU & Singapore perspectives
Experience in defining and delivering MI and reporting
The Reward...
Competitive salary
Comprehensive benefits, including private healthcare, life cover, pension contributions
We’re looking for a head of compliance to assist management and staff on compliance matters, to help ensure that the day to day administration is delivered effectively and efficiently in compliance with all rules and regulations.
The Role...
The role holder will design, deliver , maintain and complete a comprehensive monitoring plan and regular reports to the board of directors, and:
Work with the directors and senior management to ensure compliance with all applicable Isle of Man Laws, regulations, codes & guidance
Maintain and conduct an appropriate compliance monitoring programme in line with regulatory requirements
Ensure file reviews and audit checks are completed within service level agreements
Promote a positive compliance culture at all levels throughout the business, contribute to a programme of training and educational activities
About You...
You will have proven experience within a compliance function, and:
Holds a relevant compliance qualification i.e. ICA Diploma
Must have experience in working with a Class 3 license holder
Funds Experience or a good understanding of the Funds sector is considered essential
In depth knowledge of the collective investment schemes act 2008; the Isle of Man Rulebook; AML/CFT Handbook and AML/CFT Code
The Reward...
You’ll receive:
Competitive salary
Full time, permanent contract
Central Douglas working location
Compliance officer required on a permanent basis to join a global wealth management organisation , you will work closely with the compliance team to assist in a variety of administration and compliance tasks.
The Role...
Provide the group with an independent, objective compliance service as part of the group’s systems to ensure compliance with legal and regulatory obligation
Assist with production of information for compliance reports as required by the Compliance Manager
provide guidance on the proper application and implementation of relevant laws, regulations and internal procedures for junior member of the team
Advise the Compliance Manager of significant matters, concerns or breaches of laws or regulations
Complete timesheet and other administrative tasks, as appropriate and within set timescale
About you...
Compliance experience, especially in a TCSP, fund or professional services environment
Knowledge of internal processes and procedures
Experience in the business activities and operations
Good understanding and knowledge of Microsoft packages
The Reward...
Competitive salary and benefits package
We’re looking for a head of compliance to assist management and staff on compliance matters, to help ensure that the day to day administration is delivered effectively and efficiently in compliance with all rules and regulations.
The Role...
The role holder will design, deliver , maintain and complete a comprehensive monitoring plan and regular reports to the board of directors, and:
Work with the directors and senior management to ensure compliance with all applicable Isle of Man Laws, regulations, codes & guidance
Maintain and conduct an appropriate compliance monitoring programme in line with regulatory requirements
Ensure file reviews and audit checks are completed within service level agreements
Promote a positive compliance culture at all levels throughout the business, contribute to a programme of training and educational activities
About You...
You will have proven experience within a compliance function, and:
Holds a relevant compliance qualification i.e. ICA Diploma
Must have experience in working with a Class 3 license holder
Funds Experience or a good understanding of the Funds sector is considered essential
In depth knowledge of the collective investment schemes act 2008; the Isle of Man Rulebook; AML/CFT Handbook and AML/CFT Code
The Reward...
You’ll receive:
Competitive salary
Full time, permanent contract
Central Douglas working location
Compliance officer required on a permanent basis to join a global wealth management organisation , you will work closely with the compliance team to assist in a variety of administration and compliance tasks.
The Role...
Provide the group with an independent, objective compliance service as part of the group’s systems to ensure compliance with legal and regulatory obligation
Assist with production of information for compliance reports as required by the Compliance Manager
provide guidance on the proper application and implementation of relevant laws, regulations and internal procedures for junior member of the team
Advise the Compliance Manager of significant matters, concerns or breaches of laws or regulations
Complete timesheet and other administrative tasks, as appropriate and within set timescale
About you...
Compliance experience, especially in a TCSP, fund or professional services environment
Knowledge of internal processes and procedures
Experience in the business activities and operations
Good understanding and knowledge of Microsoft packages
The Reward...
Competitive salary and benefits package
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